Olive the Truth About Saving Money

Avoid convenience.  Save a lot of money.  That’s all of the truth about saving money.  Here’s an example.

Last week I opened the refrigerator to find olives … in single-serving packs.  I don’t know why anyone would buy such a thing, let alone my own wife.  Maybe, (I hope) they were on sale.

Even on sale, it’s a very dumb purchase.  $2.99 for 4.8 ounces of olives is about 62¢ per ounce.  At the normal price of $3.69, it’s over 76¢ per ounce.

Compare that to a can of olives.  $1.87 for 6.0 ounces = 31¢ per ounce.  (The can contains liquid, but the 6.0 ounces is the weight of the olives.)

You want the convenience of having a little pack of olives every day?

Get some food storage containers.  Purchased in quantity, they’re about $1 each.

Open the can of olives, distribute its 6.0 ounces of olives into 5 food storage containers so that each container holds 1.2 ounces of olives.   You’ve now got 5 DIY packs of olives-to-go at a cost of about 39¢ each (including 1¢ for the cost of the food storage container, assuming you can re-use it about 100 times).

Compare that to the pre-packaged olives which cost or 92¢ per serving.  (Regular price.)

DIY and save yourself $1.82.

Remember, $1.82 saved is $1.82 earned.  Considering how much time it takes to open a can and parcel out the contents, this is a DIY job that pays over $50 per hour.

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